Ghana’s 2023 gold output rose 8.3%

Newmont’s Ahafo gold mine in Ghana. Credit: Wikipedia

Ghana’s gold production rose 8.3% to 4 million ounces in 2023, data from the Ghana Chamber of Mines showed on Friday.

The growth was driven primarily by expansion in the output of small-scale miners, which was sufficient to offset a decline in large-scale miners’ production.

Output in 2024 is projected to rise to between 4.3 million and 4.5 million ounces, Michael Edem Akafia, the chamber’s president, said in a speech in Accra.

(By Christian Akorlie and Maxwell Akalaare Adombila; Editing by Alessandra Prentice and Jason Neely)

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